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Education

Posts designed to teach about insurance and business related subjects and written with an educational tone in easy-to-understand plain language.


This is Your Company Culture on Coronavirus


Do you remember the late 80s PSA from the Partnership for a Drug-Free America (now the Partnership for Drug-Free Kids) that featured an egg and a frying pan? “This is your brain. This is your brain on drugs.” With the COVID-19 pandemic changing the world as we know it, that PSA feels all too relatable. This is coronavirus. This is your team on coronavirus pandemic.
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Financial Relief and Resources for Small Businesses Coping with the Effects of the Coronavirus COVID-19 Pandemic


The globe remains gripped by the coronavirus COVID-19 pandemic. We continue to follow its effects on small businesses across the nation. Alongside you, we are anxiously awaiting news related to support, relief, and financial assistance. We’ve compiled highlights from the CARES Act and related financial resources below.

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9 Tips to Protect Your Company from Cyber Threats Amid the Coronavirus COVID-19 Pandemic


We continue to follow updates about the coronavirus COVID-19 pandemic and remain committed to sharing resources and support for small businesses navigating our collective new normal.

Moment by moment, the circumstances surrounding this global health crisis are changing the way we work. There are entirely new sets of challenges we face as distributed workforces. We must simultaneously band together while at the same time physically practice social distancing. As a result, a significant portion of the world’s workforce is participating in the largest work-from-home experiment ever seen.
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Crisis Comm: Organizing Swiftly in the Midst of the Coronavirus COVID-19 Pandemic


We continue to follow the effect of the coronavirus disease (COVID-19) on small businesses across the nation. We know many of our customers and small business owners are anxiously awaiting news related to support, relief, and financial assistance. We’ve compiled a list of common questions about business insurance and how policies will or will not likely respond to events arising from the pandemic.
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6 Common Risks Small Businesses Face and What Insurance Protects Your Business


Risk. It’s not always the first thing that comes to mind when you think about your business. Yet, all businesses face risks. Some businesses face greater risks than others and have particularly unique risk profiles. Read on for six risks common to small businesses and the kind of insurance that protects against them.
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Do E-Commerce Companies Need Product Liability Insurance?


In today’s litigious society, e-commerce companies need foresight to see potential risks before they occur. One example of this is product liability risks. If a product fails or causes injury to a buyer, then the manufacturer is usually at fault. However, what about e-commerce companies? Countless online companies sell products every day. If these products fail, is online retailer potentially at fault in addition to the product manufacturers? Continue Reading “Do E-Commerce Companies Need Product Liability Insurance?”


What is a Wholesale Insurance Broker?


An insurance broker is an intermediary between the insured and the insurance companies, or carriers, providing the insurance. However, what distinguishes a retail broker from a wholesale broker? In addition, what are the advantages and disadvantages involved in using a wholesale broker? Below, we will answer these questions in order to understand the role of a wholesale insurance broker within the broader property and casualty insurance industry.
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The Key Risks and Threats Modern E-Commerce Companies Face


There are an estimated 1.4 million e-commerce companies in North America and global e-commerce sales are expected to hit an astonishing $4.8 trillion by 2021. One reason for this explosive growth is the availability and affordability of tools that make starting an e-commerce business easier than ever. Nowadays, anyone can launch an online store with minimal investment of time and money thanks to platforms and services like Shopify, Stripe, and Fulfillment by Amazon. And while these third-parties make starting and running an online retail operation easier and safer than ever, modern e-commerce companies still face a number of new risks and protecting against these threats is critical to sustained success.
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Is Business Insurance Tax-Deductible?


If you own a for-profit business, ordinary and necessary business expenses can be deducted from your taxes, and that includes the cost of insurance. An ordinary business expense in this context is one that is common within your industry. A necessary business expense, as defined by the IRS, is both “helpful and appropriate” for running the business.
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The Difference Between Admitted and Non-Admitted Business Insurance


If you’re at all familiar with the process of shopping for insurance for your business, it’s likely you’ve seen the terms “non-admitted” and “admitted” relative to how insurance carriers are classified. These terms can be baffling to the layman. For the purposes of this article, the terms admitted and non-admitted refer to how a particular insurance company is regulated by individual state insurance departments. Let’s take a deeper look into the differences, and why they are necessary.
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